BINANCE:XTZUSDT   Tezos / TetherUS
So more a detailed Tezos chart. Some explanation on the chart.

Getting rejected after 9 days of consolidation, from the Red trendline. Blue bar counts as our big support. The red horizontal line is actually our hard resistance. A significant break is only possible, if bitcoin stabilizes good. The breakout to the 4 USDT have been shaked out. because of bitcoin price movements.

RSI is almost horizontal no surprising movement. Slowly cooking to move somewhere. Plenty of space to the upside. To say if there is a bullish or bearish divergence is hard to say, since it's moving almost horizontal.

MACD is clearly ready to make some good green candles to the upper side. Volume is the only key we are missing to make greenlight on the MACD .

TP choose for yourself.
Stop loss yellow horizontal line, price arround 2.10/15

Comments

GoodPotential
+1 Reply
@PolarHusk yes it is. But it's so different then the BTC chart. Compared to USDT
Reply
very nice analysis thank you ! I hope I can hodl it for a year hoping it will go up a bit..
+1 Reply
kubilaydereli32 Sweetcanary
@Sweetcanary I am hoping too. Early investors are waiting forever
+1 Reply
Sweetcanary kubilaydereli32
@kubilaydereli32, it takes a long time, true !
+1 Reply
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